Skip to main content

About your Search

20130106
20130114
STATION
LANGUAGE
Search Results 0 to 10 of about 11
CNBC
Jan 9, 2013 3:00pm EST
how does tim pact that battle with lew substituting for geithner as the main player? >> steve liesman and rick santelli tell us what they think it all means. steve, you first. you recently did, as you know that great interview with tim geithner right here on the "closing bell." how well do you know lew? >> not as well. he was at omb for a brief time, a couple years in this administration, his second go-round there. look, we're learning more about him, and i don't think there's very much mystery here. he would be picked for the job because he's a budget expert, and that also he's a loyalist inside the obama administration and in a place that values loyalty like a lot of white houses, and the question becomes does he have other critical qualifications that say wall street or the international banking and financial system would require, with the big question being, you know, if we were at a place where there was another financial crisis, how well would jack lew, as did robert ruben, hank paulsen and tim geithner do to instill confidence? >> steve, you were right on the money with
CNBC
Jan 11, 2013 3:00pm EST
evening news claimed the apple marketing chief steve shiller says the future for apple isn't cheap phones. apple hasn't responded to my request to clarify what shiller said and frankly i don't trust language that's been translated and retranslated. the future of apple isn't cheap ipads but that doesn't stop them from coming out with ipad minis. you can bet they have worked on a phone that would meet their standards and avoid cannibalizing the high-end iphones. if they release one, that's a bigger story. >> apple stock, a buy or a sell? the stock hovering around $500 a share. still well below its all-time high, so is it a buy or not? on the technical side of the story ennis tanner with me with riskreversal.com and on the tech fundamental side, jeff, we'll start with you. >> growth rates in china, it's huge, but i think there's a bigger story here in apple, and we can talk the numbers to death, but there's a transition going on. over the last six years apple has been this hyper growth company with an investor base that included everybody, including your mom, including your aunt and u
CNBC
Jan 8, 2013 3:00pm EST
hour to go in this trading day. maria? >> we'll get much more on the markets coming up, but first steve liesman with breaking news right now. this is the latest read on the u.s. economy. steve, what can you tell us? >> maria, thanks very much. the federal reserve reporting consumer credit for november, consumers in a borrowing mood with consumer credit rising 7%. non-revolving credit, auto, student loans, up by 9.6% with a big rise in student loans. the federal part of this thing was up pretty strongly, and non-revolving credit was up 1.1%. student loans up by $5 billion to a record $521 billion, and outstanding bank credit card was up by 6 billion as well so banks were not shy about alleged on the credit cards. meanwhile, jeff lacquer, fed president saying growth at 2 it is is what is expected for 2013 but 2014 could be stronger with reduced risk and ending some of the financial uncertainties that have -- that he says hobbled growth in 2012. he repeated his opposition to current fed policy and warned that a big fed balance sheet means that the economy is vulnerable to even small mistak
CNBC
Jan 7, 2013 3:00pm EST
peter anderson of congress asset management and our own steve leisman and rick santelli. you think it's going to be another good year of gains. target on the s&p 1575. defend it. >> well, we do. i'll remind everyone we were at 1420 last year. we base all of our analysis on fundamentals. >> you were off by a point. >> i'm sorry. >> a whole point. >> seriously. >> i'm sorry. but we think the fundamental condition of u.s. stocks remains very strong. if you take a look at the balance sheet strength, earning stability. fourth quarter earnings i think was a surprise to the upside. companies have been conservative of all these great things. no that we're done with this fiscal cliff situation, i think we do have a bit of wind behind our sails. however, we don't think that 2013 will be as strong as 2012 given the fact that so many people were underexposed stocks in 2012. we've had this kind of natural rotation back in. i think 2013 will be positive. >> but are we really done is the question. we've got the debt ceiling debt bait coming. peter, what's your take? >> well, i think the debt ceiling,
CNBC
Jan 8, 2013 4:00pm EST
? an economist with ftn financial joins us and steve liesman, our senior economics reporter. you worried, what are you thinking here? >> you know the problem is we're already starting to see the consequences and specifically we saw that in the quarters leading up to the fiscal cliff discussion, and really this is just another reminder, another round reminding the american people and the world just how much of an imbalance this u.s. u.s. economy has become with out-of-control government spending and removing any incentive for businesses to invest in the u.s. economy. these are different conversations. when we talk about the government shutdown as a result of breaching the cliff, this is on obligations already made, dollars already spent. the conversation that we need to have or include here is reining in future spending which is what the republicans are trying to do at this point. >> what do you think, steve? have we already seen damage to the economy with all this uncertainty and questions surrounding the debt ceiling and the fiscal cliff, or is there a point that you believe the
FOX Business
Jan 7, 2013 3:00pm EST
the government looks at some of it is hard, which they have been looking at steve, looking at microscopic way since 2007. 2012. >> he is a big fish, it did catch for the government. charlie: that is a long time. now this thing with the drug stocks is interesting. he had to explain his trade. he had to explain her mother was a conversation. clearly the government wants to know what was said. >> happy new year, kind of missed you, oddly enough. charlie: in between the glasses of wine. >> the closing bell will ring, we have 28 minutes to go. one company coming up with breakthroughs in the fight against cancer targeting bad cells while leaving the good ones untouched. a process called nanotechnology coming up in a fox business exclusive. we will get an update on our financials read cannot afford to miss that. [ male announcer ] eligible for medicare? that's a good thing, but it doesn't cover everything. only about 80% of your part b mical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all
FOX Business
Jan 11, 2013 3:00pm EST
reported by fox business steve cohen's capital bracing for massive redemptions amid a wide ranging investigation into possible insider trading violations at the big huge fund although the fund is up this year. how long does up this year last? >> i mean, he's doing very well amid, like, a lot of pressure. we have to point out that, this is what i love about being on fox business, you know, sometimes like david versus goliath; right? we write the story monday, i did, you were traveling to one of your affairs. liz: the story that -- >> that fc capital was meeting with hedge fund managers, bracing for massive redemptions -- liz: pulling my money out? >> if you read the "wall street journal," they copied our lead five days later, it came out today. what the journal missed, and in addition to becoming very late on the story, they missed why it's happening. it's not necessarily that people want to hate steve because they don't. i can tell you that financial advice, guys who control money, the fun, the funds that invest in individual hedge funds, i know a lot of people like that. they love
CNBC
Jan 14, 2013 4:00pm EST
of people don't seem to be all that constructive on the asset class. >> steve sax, what about you? where are you seeing the flow? what are investors particularly grav stating towards these days? >> it's till equities and all of last year, credential the first couple weeks of this year, more in particular, though, small caps and midcaps. we've started to see them out-perform large caps. that was the story of 2012, with particularly the mega caps. so, if you look at the russell 2000, the mid cap 400 versus say the s&p 500, we've not only seen more flows in those areas, but we're actually seeing the out-performance, which is also a theme i think probably continues, certainly in the first half of this year. fundamentals are really strong in u.s. equities, and that translates well given the current macro environment into the small and mid caps in particular. >> all right, we'll leave it there. great conversation, appreciate your time and see you soon. >> thank you very much. >>> now a big move for stocks today. the dow made things more interesting. bob pisani has winners and losers on
CNBC
Jan 7, 2013 4:00pm EST
steve jobs. we don't now how the holiday turned out for jcpenney. one person we spoke to is very happy with how his merchandise performed at jcpenney. >> we had a stellar performance in izod at jcpenney during the holiday season. great sell throughs. we beat our plans particularly for the month of december. so we really feel very good about how that has all come together, how izod has performed at jcpenney. we love the way they look, the way the brand is presented. and the margins have been outstanding. >> no shares of online only amazon hitting record highs. in tandem today with the heavy conference connecting with the consumer on multiple screens and platforms. a number expected to release their holiday sales numbers this week. many of which invested heavily in their online department. retail investment bank president collin welch told me today he thinks many of these retailers are better off acquiring technology companies and companies that already have this expertise than building them from the ground up. >> thanks very much. >>> earning season kicks off tomorrow. will a good earni
CNBC
Jan 9, 2013 4:00pm EST
treasury and others presented their points. robert steve miller said the board fulfilled its fiduciary duty and the board reject it had entirely meaning it won't pursue the claims on its own or allowing greenberg international to pursue the claims in aidentifying's name. the ceo from 1967 until 2005, greenberg's long criticized the government's handling of aig during the financial crisis. his term filed the suit on behalf of other aig shareholders, the suit claiming, among other things, the firm's investors weren't properly compensated for the 80% stake the company took as collateral for the rescue packaged back in 2008. calls for clarification on the decision were not delivered. back to you. >> joining me right now in an exclusive interview, ceo benmosche. thanks for joining us. >> thank you, maria. >> very important time for the company and shareholders are out there watching this. first off i've got to say reading the court of public opinion, lots of headlines. now we've got a lawsuit against the government. the government bailed out this company. why did you even look at this. tell
FOX Business
Jan 8, 2013 3:00pm EST
who made the relationship with the iphone really happen. for years you worked with steve jobs and company to really encompass that at at&t. what did you learn from that experience you believe will make you more successful with digital life? >> anytime you have a phenomenal partner like apple has been to us you have to learn from that partner. what we have learned is we have to go out and be innovative all the time. we have to look at how we create customer expense that has been flawless and simple for a customer and that was the goal here, how to make of this seems complex, wearing your whole house, allowing you to control these things. our goal was to make it simple. when people see what they can do and see how easy it is to set up and use, they will be blown away by it. liz: you can unlock the door from your desk at home. thank you very much. glenn lurie of at&t. when we come back, first on fox business interview, huge in automotive audio and so much more. plus, tim baxter, first on fox business, wait until you see it, the 84-inch ultra high-definition tv. don't even ask. we wil
Search Results 0 to 10 of about 11